This is embarrasing, page-69

First 69 Last

Share
Profile

Follow
jvodan

104 Posts.

15

17/05/25

11:37

Post #: 79083216
Share

Originally posted by jvodan: ↑

I was the one who spoke to them at 'our' lolly stand
It was not two years before mets but 2 yrs till the DFS/FID stage. (Chinese whispers at play that turned that into Met work, though I could have been clearer)
This is not as bad as it sounds or that different from across the industry

Take WA1 for example and they have a very much easier job on the Met side*. WA1 are still drilling .
*single mineral, in % not PPM
Compare to other REE stocks CRI are not progressing any slower.

Note my Sentiment I still hold and may buy more.

Rare earths are far more complicated than your run of the mill base metals where there are standard solutions for various Ore Types and mixtures.

There is a lot of land to drill and test out.
There is the backlog at labs to contend with as REEs being the latest craze.
Each REE deposit basically requires a custom chemistry set developed and optimized.
Each REE deposit needs a mining plan that delivers a standard grade mix downstream

There is a need to derisk the project and to prove the chemistry is workable and to drill out the rest of the tenements
The more a project is derisked the more it is worth. CR's board owe it their share holders to extract the utmost value from our tenements and the best way they can is to derisk the project
We should also consider that a good manager will over estimate the time taken as opposed to over promise.

All in All No one should be particularly surprised at the time line.
It probably needs to be noted I bought CR and am not a holder from the original mob.

Expand

One more thing to add my average buy is 1.3c so I have no bitterness from watching my investment shrink in value, something I can understand others might be feeling if they bought on a high. Some might be holding 10% of their original investment if they bought near the peak back in 21.

CRI Price at posting: 1.6¢ Sentiment: Hold Disclosure: Held
Upvote

0 Great analysis

Reply

Top Stories

NUZ

This stock is crafting a cure for Huntington's – and it's making progress

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Index treads water as Energy stocks surge | Monday June 16, 2025

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

RC1

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

First 69 Last

Add to My Watchlist

What is My Watchlist?

A personalised tool to help users track selected stocks. Delivering real-time notifications on price updates, announcements, and performance stats on each to help make informed investment decisions.

(20min delay)
Last 1.8¢		Change 0.000(0.00%)		Mkt cap ! $48.55M

Open	High	Low	Value	Volume
1.8¢	1.9¢	1.8¢	$29.18K	1.619M

Buyers (Bids)

No.	Vol.	Price($)
17	9833484	1.8¢

Sellers (Offers)

Price($)	Vol.	No.
1.9¢	1953095	9

View Market Depth

No.	Vol.	Price($)
17	9833484	0.018
7	4350027	0.017
17	4734075	0.016
16	6912331	0.015
15	4887196	0.014

Price($)	Vol.	No.
0.019	1953095	9
0.020	6365842	17
0.021	845555	3
0.022	1084315	8
0.023	2565587	11

Last trade - 15.49pm 16/06/2025 (20 minute delay)

CRI (ASX) Chart

This is embarrasing, page-69

This stock is crafting a cure for Huntington's – and it's making progress

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Index treads water as Energy stocks surge | Monday June 16, 2025

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News

This is embarrasing, page-69

Top Stories

This stock is crafting a cure for Huntington's – and it's making progress

Listen: HotCopper Wire Podcast 013 - They changed the IPO rules (and that's a good thing)

ASX Market Close: Index treads water as Energy stocks surge | Monday June 16, 2025

Monday's HotCopper trends: 4DS falls short, $30B bid for Santos | June 16, 2025

Redcastle teams up with Terra Mining to get revenue flowing at Redcastle Reef, Queen Alexandra projects

Featured News

Buyers (Bids)

Sellers (Offers)

Featured News